PNE Solution Co., Ltd. (KOSDAQ:A131390) announces a share repurchase program. Under the plan, the company will repurchase up to 150,000 shares for KRW 895.50 million based on the closing price of PNE's share on October 6, 2014. The company will make repurchases through KOSDAQ with the purpose of stabilizing the stock price.

The company will make repurchase up to 15,000 shares on any one day in the program. Repurchases will continue until January 7, 2015. As of October 6, 2014, the company has no treasury shares within dividend capacity and through other buyback.